PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Ball State

Muncie, IN · Charter 11103

NCUA · 2 branches

Q3 2020

$100.4MAssets
$58.4MLoans
$94.1MShares
$5.7MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -0.05%, up 85 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 0.61% of loans (-108 bps YoY), with net charge-offs at 0.16%.
  • Capital: net worth / assets of 5.64%, down 69 bps from a year ago.
  • Funding: loans stand at 62.10% of shares as of Q3 2020.

Financial Results

Return on Assets (YTD, annualized)

-0.05%+85 bps YoY

Net Interest Margin (YTD, annualized)

2.70%-84 bps YoY

Efficiency Ratio (YTD, annualized)

100.37%+791 bps YoY

Net Worth / Assets

5.64%-69 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2019Q4 2019Q1 2020Q2 2020Q3 2020YoY ΔTrend
Earnings
Return on Assets-0.90%-0.64%0.05%-0.11%-0.05%+85 bps
Return on Equity-14.16%-10.14%0.79%-2.04%-0.83%+1,333 bps
Net Interest Margin3.54%3.48%3.02%2.73%2.70%-84 bps
Efficiency Ratio92.45%92.55%95.63%100.71%100.37%+791 bps
Growth
Asset Growth (YoY)-5.50%-2.76%-0.64%9.36%12.03%+1,753 bps
Loan Growth (YoY)-4.56%-10.24%-12.08%-9.72%-5.59%-103 bps
Share Growth (YoY)-5.10%-2.12%0.18%10.32%13.18%+1,828 bps
Asset Quality
Delinquent Loans / Loans1.69%1.60%1.03%0.66%0.61%-108 bps
Net Charge-Offs / Loans0.24%0.23%0.20%0.17%0.16%-8 bps
Allowance / Loans1.00%1.03%0.98%0.90%0.89%-11 bps
Capital
Risk-Based Capital6.32%6.34%6.01%5.60%5.64%-69 bps
Net Worth / Assets6.32%6.34%6.01%5.60%5.64%-69 bps
Liquidity & Funding
Loans / Shares74.44%70.90%64.84%60.90%62.10%-1,234 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps